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Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with a now-defunct New Jersey-based real estate investment firm was indicted for his role in an investment fraud scheme and for misappropriating approximately $2.3 million from investors. Ivel Turner, who was vice president of project management for...
Liberty SBF Launches $100 Million Real Estate Credit Fund

Liberty SBF Launches $100 Million Real Estate Credit Fund

by Phil Hall | Jan 24, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Liberty SBF, a Los Angeles-headquartered alternative lender, has launched Liberty Credit Opportunities Fund I LP, with a target raise of $100 million to be focused on small balance commercial real estate credit opportunities in owner user / SBA loans and multifamily...
Forecast: Global REIT Market to Reach $350.2 Billion by 2028

Forecast: Global REIT Market to Reach $350.2 Billion by 2028

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global market size for the real estate investment trust (REIT) is estimated to grow by $350.2 billion from 2024-2028 with a compound average growth rate of 2.87%, according to a new forecast from Technavio. The North American market is expected to account for...
Chris Avallone Appointed CFO at The Amherst Group

Chris Avallone Appointed CFO at The Amherst Group

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Amherst Group, an Austin-based real estate investment, development and operating platform, has promoted Chris Avallone to chief financial officer (CFO), effective May 1. Avallone will retain his current position as head of merchant banking, with responsibilities...
Clear Investment Group Acquires DC-Based Multifamily Complex

Clear Investment Group Acquires DC-Based Multifamily Complex

by Phil Hall | Jan 17, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Clear Investment Group, a real estate investment firm based in Chicago, has acquired Marbury Plaza, the 681-unit multifamily complex in Southeast Washington, DC. The property will be rebranded as Langston Views, which the company said reflected “both the...
Jenny Coupland Named CEO of Visio Lending

Jenny Coupland Named CEO of Visio Lending

by Phil Hall | Jan 15, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Austin-based Visio Lending, an originator of investor-focused mortgage loans, has hired Jenny Coupland as CEO. Coupland, who was also on Visio’s board of directors, replaces co-founders CEO Jeff Ball and President Matt Matza upon their recent retirements. She...
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